This head of a small private equity firm is important because his theory on where the market is headed.
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Glass is a Name You Need to Know because, while his firm is small, his theory about where the market is headed is big.
The worship of shareholder value began in 1976 when a journal article by Michael Jensen, "Theory of the Firm, " critiqued the prior system of managerial capitalism and set the stage for our modern era of capitalism, writes Martin.
Rather than thriving on this huge injection of management theory, however, the firm flirted with bankruptcy.
By analysing the others' potential responses, game theory adds another dimension to a firm's sleuthing.
There are similar problems with another theory about the future of the firm: that information technology will slowly but surely deconstruct the company as we know it.
The theory behind this practice is that a brokerage firm invests its time and money training raw globs of clay into becoming high-powered, professional stockbrokers.
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The theory views equity as a call option on a firm's assets.
And the board of K-theory, a maths journal owned by Springer, a German publishing firm, quit in 2007.
Although the theory that describes the interaction of quarks and gluons is on a firm conceptual footing, it is so complicated in practice that it can take years to make a single calculation of something like the shape of a proton even using the most powerful supercomputers.
In theory, members of a unitary board combine two tasks: developing the firm's strategy, in the broadest sense, and ensuring compliance with the law and best practice.
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Michael Levine, who runs a publicity firm in Los Angeles and has represented 34 Grammy Award winners over the years, gives credence to that theory.
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In theory, the next Treasury secretary could use the money to bail out just about any industry or firm he wishes to help.
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